Off your day, an historic launch for nasa and elon musks spacex after months of delay. It is monday, november 16th, and youre watching Worldwide Exchange right here on cnbc well, good morning, good afternoon, or good evening, and welcome from wherever in the world you may be watching. I am brian sullivan. Thank you very much for joining us and speaking of good mornings, a hearty congratulations to new masters champion Dustin Johnson for his recordbreaking performance at augusta, georgia, securing the green jacket, you know, just 20 under par. Wow. Much more on his big win in a moment but first, investors winning in the stock market lately as well and more may come today futures, they are up nicely again. Look at that higher across the board. Dow futures up 300, nearly 1 . Nasdaq futures up about half a percent or 63 points remember, the dow is now just 1. 5 off a record high the s p 500 coming off a record breaking session friday. The nasdaq just 2. 3 from its own record but its really
Morning to talk the very latest on the newest findings. Markets this morning are rallying. Take a look at futures indicating a gain in triple digits as we are awaiting earnings from travelers, lack heed martin and proctor and gamble. Rough start to the week yesterday. Technology dragged down the markets and really turn in sentiment over stimulus, dow industrials down 410 points at the end of the day, nasdaq 192 and s p down 56 points yesterday on wall street. Stimulus at the forefront. Speaker pelosi and Steven Mnuchin with talks and thats what turned the markets yesterday, uncertainty over no deal. Big energy in 2020, why one experts thinks we will see gasoline at 6 a gallon should joe biden win the presidency and President Trumps latest endorsement. Why rapper 50 cent thinks the president will keep him close to his money. Mornings with maria live right now. Someonan markets this morning look like this on the heels, fractional moves this morning across europe. Overnight asia, best per
Effective, it brought down the market up the day about 39 points s p 500 had given a run for the money. We are below that 2,800 level. S p up about 4. 5 keeping in mind the treasury yields right now, the 10year seems to be yielding 0. 606 andrew, ill send it over to you. Well give you an update now on the pandemic numbers. Global cases have reached 2. 7 million with 869,000 in the United States. The death toll in the u. S. Is nearing 50,000 new york cases have hit 263,000 and new jersey over 100,000. Georgia plans to reopen. They have the most confirmed cases with over 21,000 well talk about that throughout the morning. Yesterday, new york Governor Cuomo shared early results from the study of 3,000 people that said one in five new york City Residents tested positive. That means as many as 2. 7 million in new york already encountered the virus and survived and never knew it questioning the available of the test but said new yorks test was reliable enough to determine immunity thats base
Basis points. Lets get to our guest now. We have a very fascinating guest right now. Ed hyman, Institutional Investor economist of the year for decades. The surveys he carries out are unparalleled in the industry. We are going to talk about Central Banks, the ecb, and the fed meeting this week, and the bank of japan coming out with some decisions today. Chairman of evercore isi, is with us now. Small and mediumsized enterprises, and companies that do business is with china. Obviously, the data is falling off a cliff right now, but in your estimation, what will the severity of this recession be in comparison to, say, 2008 . Ed much worse. But this is a very interesting time for me. Ive probably been the most bearish person on the street with our gdp numbers down 50 , and like you say, things have been kind of freefall, Company Surveys included. I just wanted to share with you that for the past two weeks, our surveys have increased a little retailers and restaurants. The checks that were
Instructed the u. S. Navy to shoot down and destroy iranian gun boats if they harass or ships at sea obviously thats a policy, thats going to make it so that anyone who is short oil theres so many people short oil, might say its worth covering here. I had a big win. Its geopolitical, the fact theres a failed instrument out there called the uso, i say its failed because its not been able to handle the selling yeah. Executing a 1 for 8 reverse. Are they really we talked about the usa more th than we ever have. Some things should have never been created, the uso was blessed when the s. E. C. Not around, people lose money, but theres no constituency that says you cant lose money. What do you make of the general notion that the president s tweet aside that some of the results last night were better than feared. You have a list of companies now that have been able to either sell a stake privately or through secondaries and well get to that in a moment. Plus the Senate Package making progress